Sucden Financial reports stable trading volumes for 2019

Steffy Bogdanova
April 28, 2020 4:16 pm

UK-based clearing and liquidity provider Sucden Financial announced its trading volumes for 2019.

The company reported total net assets of £125.6 million, 8.6% up from £115.6 million in 2018. Net revenues were down 6.7% at £59 million, compared to £63.3 million for the previous year. Sucden Financial reported stable net profit of £16.1 million, compared £16.4 million for the previous year.

Sucden Financial

Chief Executive Offiver, Marc Bailey commented:

Our 2019 financial results show the strength and success of our diversified business. This year we have been adapting our processes to deal with the effects of the COVID-19 virus on our working environment and its impacts for our clients and markets. Our dedicated workforce and resilient infrastructure have allowed us to not only maintain but continue enhancing our multi-asset services.

Read More:

LeapRate Analyst

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.
Tags:

Read Also: